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Millbrook 12545
29 Elm Drive
$400,000
● House - Off Market

29 Elm Drive

Washington, NY 12545
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,160 Ft²
$2,349
Est. Monthly
5.75%
Cap Rate

About This Property

Welcome to Elm Cottage. Tucked down a long driveway in Millbrook Village this cottage has a large front yard as well as rear   deck for relaxing and dining off  the back kitchen  porch. The one car garage is at your doorstep. Newly finished hardwood floors gleam through sunlit windows. An updated kitchen has two walls of cabinets and much appreciated counter space as well as the washer and dryer. There is a first-floor bedroom with two closets and a new tiled full bath. An ample hallway leads to the staircase to the loft like spacious 2nd bedroom with a wall of closets, built in bookcases as well as room for an office. With central air conditioning throughout, it's comfortable for every season. From this hide-away, it's a quick walk to schools, the main street and all the village amenities.
Unit Size
1,160 Ft²
Days on Market
92 days
Land Size
0.23 acres
Price per sqft
$357
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1914

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (OneKey MLS #KEY801506)

Price History

Date / Event Date Event Price
Feb 25, 2025 Sold
Premium
Sold
Jan 30, 2025 In contract -
In contract
Nov 25, 2024 Listed by Compass Greater NY, LLC $414,000
Listed by Compass Greater NY, LLC
Oct 9, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 681
  • Building Area: 681
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 681
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 0.23 AC 1888 0575 1998 0536

Neighborhood

  • School District Name: Millbrook Central School District
  • School Tax School District: MILLBROOK
  • Census Tract: 200002

Zoning

  • Zoning: R

Geography

  • Account Number: 20409206
  • District: 135801
  • Section: 6.765
  • Parcel: 135801 6765-18-409206-0000
  • Block: 18
  • Lot: 409.206
  • Municipality: MILLBROOK
  • Latitude: 41.7882
  • Longitude: -73.6946

    Address

  • Full Address: 29 Elm Dr
  • Address - House Number: 29
  • Address - Street Name: Elm
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Millbrook
  • Carrier Code: R777
  • 4-Digit Zip Code: 5945
  • Zip Code: 12545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,301
  • Tax Rate Code Area: 135801

    Appraisal Valuation

  • Standard Deviation: 0.1584
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 301,996
  • High Value: 349,855
  • Low Value: 254,138

    Market Valuation

  • Market Total Value: $195,100
  • Market Land Value: $45,250
  • Market Improvement Value: $149,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,200
  • Assessed Land Value: $35,300
  • Assessed Improvements Value: $116,900

    Sales

  • Current Sale Contract Date: Oct 07, 1998
  • Current Sale Recording Date: Oct 09, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Millbrook

Stats & Trends

Median Asking:

$665,000

Sale Price/ft²

$365

Below Asking

0.01%

Average Days on Market

69

Average Home Size

2656 ft²

Average Home Age

152.7 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 19 Alden Terrace, Millbrook, NY, 12545

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,202 ft²
19 Alden Terrace, Millbrook, NY, 12545 Listing by Therese Cox
Unit for rent at 50 Route 343, Millbrook, NY, 12545

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 2,904 ft²
50 Route 343 #A, Millbrook, NY, 12545 Listing by Virginia Corbett

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 29 Elm Drive built and last sold?
The property at 29 Elm Drive was built in 1914 and last sold on Oct 7, 1998 for $99,000.
How much is this home worth?
The estimated value of the home located at 29 Elm Drive is $0.
What are some comparable homes to 29 Elm Drive?
There are currently no comparable homes to 29 Elm Drive.
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